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Morningstar

SEI Massachusetts Municipal Bd Y (STET) SMSYX

Morningstar Medalist Rating
Medalist Rating as of | See SEI Investment Hub
  • NAV / 1-Day Return 9.93  /  +0.11 %
  • Total Assets 58.5 Mil
  • Adj. Expense Ratio
    0.480%
  • Expense Ratio 0.480%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 1.72%
  • Effective Duration 5.14 years

USD | NAV as of Jul 02, 2024 | 1-Day Return as of Jul 02, 2024, 10:18 PM GMT+0

Morningstar’s Analysis SMSYX

Will SMSYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SMSYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SMSYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SMSYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in SEI Massachusetts Municipal Bd Y(STET)'s Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SMSYX

More SMSYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST 5%

4.87 2.8 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

3.95 2.3 Mil
municipal

MASSACHUSETTS ST WTR RES AUTH 5.25%

3.14 1.8 Mil
municipal

UNIVERSITY MASS BLDG AUTH PROJ REV 5%

2.82 1.6 Mil
municipal

LOWELL MASS 5%

2.78 1.6 Mil
municipal

MASSACHUSETTS ST 5%

2.74 1.6 Mil
municipal

MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5%

2.73 1.6 Mil
municipal

BOSTON MASS 4%

2.73 1.6 Mil
municipal

MASSACHUSETTS ST CLEAN WTR TR 5%

2.53 1.5 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 4%

2.32 1.3 Mil
municipal